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Canva’s Price Surge: AI or Price Gouging?

Canva's new AI features come with a hefty price tag! Discover the details behind the 300% increase.

Canva raises its prices faster than you can say "AI features," the tech world is buzzing with intriguing developments that could reshape everything from image generation to privacy concerns.

Canva has announced a staggering 300% price increase for team subscriptions, now ranging from $120 to $500 annually. This change, influenced by new AI features, has sparked frustration, especially among small businesses. The company attempts to justify the hike as part of its ongoing development and AI integration efforts.

Ilya Sutskever, co-founder of OpenAI, has raised $1 billion for his new AI startup, Safe Superintelligence (SSI). With backing from major investors, SSI focuses on safe superintelligence without distractions. Sutskever's departure from OpenAI follows a controversy over its leadership and priorities concerning AI safety.

Microsoft's upcoming Windows feature, Recall, designed for AI-assisted screen-capping, will reportedly not be uninstallable despite user backlash. Initially believed to be optional, it captures desktop images, raising privacy concerns. With potential integration of "intelligent media search," users remain wary about their data security.

Three new text-to-image models from Stability AI are now available in Amazon Bedrock: Stable Image Ultra, Stable Diffusion 3 Large, and Stable Image Core. These models enhance image quality, detail, and typographic accuracy, transforming creative workflows across industries like marketing, e-commerce, and entertainment by expediting visual content generation.

AI-powered security cameras will monitor Commerce Street in San Antonio starting January 2025, costing $250,000 for installation and $1 million for monitoring. While intended to deter crime, opinions vary on privacy implications. Police Chief McManus dismisses facial recognition due to concerns over misidentification among minorities.

AI Newspaper 09-05-24 Canva Prince Hike

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